Question 1:
Your Chief Executive Officer has requested you to make a presentation on the Strategic Planning Process to the newly appointed middle managers. Discuss the key issues that you would include in your presentation.
Question 2:
One of the first steps involved in Strategic management is the identification and evaluation of internal factors affecting the company. Discuss the three main methods that could be used to conduct an internal analysis.
Question 3:
“Operational controls represent the only means to monitor strategies.” How far do you agree with this statement?
Question 4:
According to Michael Porter (1985), generic strategies characterize strategic positions at the simplest and broadest level. Discuss the different types of generic strategies. Support your answer with suitable examples.